Iraq … the dollar’s ​​exchange rate retreated a day after it was raised

Today, Monday, the Iraqi market witnessed a decrease in the exchange rate of the dollar, a day after it was raised by the Iraqi government, and it reached 1450 Iraqi dinars for every 100 dollars.

The local markets in the capital Baghdad traded every $ 100 against 143,000 thousand Iraqi dinars, and in the provinces of the Kurdistan region, every $ 100 was 141,500 dinars.

A state of “anxiety” prevailed in Iraq during the past two days after the announcement of the devaluation of the Iraqi dinar against the dollar. Prices rose in some areas, and some banking companies refrained from buying and selling the dollar.

Yesterday, Saturday, the Iraqi Finance Minister, Ali Allawi, announced the reduction of the Iraqi dinar exchange rate against the dollar, to reach 1450 dinars to the dollar.

Source: RT

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